Plus234Feed

Nigerian Government Spends ₦458.75 Billion on Power Subsidies as Discos Improve Revenue Collections

Business
NaijaNews
1 min read
Nigerian Government Spends ₦458.75 Billion on Power Subsidies as Discos Improve Revenue Collections

The Nigerian government has allocated ₦458.75 billion for power subsidies in the third quarter of 2025, supporting the power sector despite challenges. Electricity distribution companies have shown improved revenue collections, with a rise in tariff collection efficiency to 80.7%.

The Nigerian Electricity Regulatory Commission (NERC) reported that despite frozen end-user tariffs since July 2024, revenue recovery has gradually improved. The report also highlighted operational gains in the sector, with a total energy offtake value of ₦854.53 billion during the period.

Plus234Feed summary based on reporting from NaijaNews. Read the original report below.

Read full article

Continue on NaijaNews

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.